Moderately bullish activity in Archer Aviation (ACHR), with shares down 18c near $9.48. Options volume relatively light with 40k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 0.3 points near 63.27,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.38. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACHR:
- Archer Aviation (ACHR) Filings Show Insider Stock Sales after Vesting
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Archer Aviation (ACHR) Shares Drop Over 5% Despite Flight Test Milestone
- Archer Aviation (ACHR) Advances eVTOL Program With Record Flight and United Airlines Support